PHOTO: MONIQUE FORD/STUFF – John Chow, left, and brother Michael are shifting their focus to growing the hotel side of their business.
Millionaire property tycoons the Chow brothers are selling a former dance studio in Wellington.
The building, on Vivian St, has been home to Whitireia Performance Centre since 2011.
John and Michael Chow bought the property, through their company Top of Tory, in 2014 for $1.4 million.
Michael Chow said they were selling the property to help fund their hotel developments around the country.
The brothers, who have made an estimated $75m fortune from brothels, hotels and commercial property deals, have two hotels under construction, one in Wellington and one in Rotorua.
Last month, they also bought a property in Palmerston North with plans to convert this into a hotel as well.
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